Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
Kristin Milchanowski, the bank's chief AI and data officer, shared some of her AI leadership do's and don'ts at American Banker's Digital Banking Conference.
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
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How J.P. Morgan Payments is dealing with smart contracts and using a public blockchain.
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The company's forthcoming stablecoin, PAYO-USD, is designed to spur increased transaction volume revenue rather than interest income on reserves, a model championed by most stablecoin issuers.
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Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
Structural change in banking is rarely defined by technology alone. Rather, leaders who know when to invest, where to modernize and which risks are worth taking are driving it.
The Spanish banking giant's pending acquisition of Webster Financial is still awaiting approval from the Federal Reserve Board and the European Central Bank. The deal is expected to close during the second half of 2026.
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
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The supposedly noble heritage of the National Bank Act and the federal preemption power that goes along with it has never stood up to serious scrutiny.
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Credit unions have a long history of serving diverse members. In a climate where programs designed to promote diversity, equity and inclusion are under constant attack, they should double-down on that commitment.
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As banks have adopted multifactor customer authentication systems, they have inadvertently made it more difficult for many disabled customers to access their accounts. The fix is less complicated than it appears.
There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.
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The 33 companies that made it to this year's Best Fintechs to Work For list are actively preserving remote work options and non-salary benefit packages.
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The company says its mission-driven culture, family-supporting benefits and emphasis on flexibility are key factors.
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An analysis of American Banker's 2026 Best Fintechs to Work For finds that workers appreciate flexibility, as well as "meaningful" work.
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The big moves hit the Swiss firm as it continues to lose advisors on a net basis — though now it's reportedly sweetening its recruiting offers.
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As funding questions persist for Social Security and Medicare Part A, speakers at the recent AICPA conference discussed how advisors can guide clients through complex benefit rules and options.
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There's value in having money in one place, but some 401(k) rules make rollovers more trouble than they're worth.
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Rithm and UWM Holdings are the favorite names among publicly traded lenders, while BTIG adds coverage of Better Home & Finance at a buy rating.
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Originators slightly loosened credit for conventional and jumbo products in May but they've held steady after larger growth to begin the year.
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The share of warehouse lenders offering funding lines and sublimits for seconds has risen to new heights according to a Mortgage Bankers Association survey.
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The service is an alternative to an IPO or a special-purpose vehicle, the bank says.
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Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
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At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
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Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
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Like the Olympics, the event is used to push and measure engagement and appetite for emerging checkout options.
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The 23rd annual ranking of women leaders in the banking industry.
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